From Gift Nifty, US-Iran peace deal to crude oil prices: 10 key things that changed for Indian stock market over weekend

Indian benchmarks surged on Friday with the Sensex jumping 1,695.40 points (2.30%) to 75,527.95 and Nifty 50 rising 461.30 points (1.99%) to 23,622.90, as a US-Iran peace deal framework to end their West Asia war and reopen the Strait of Hormuz triggered a global relief rally. Gift Nifty at 23,982 indicated a gap-up open of ~296 points for Monday, with Asian markets sharply higher (Nikkei +3.51%, Kospi +4%) and US indices up ~7% for the week. Crude oil prices crashed over 4% (Brent at $83.88/bbl), while India's May retail inflation rose to 3.93% from 3.48% in April, keeping focus on the Fed policy and FPI flows this week.